Posted on: 05th Mar, 2009 12:48 pm
my sister was about to loose her home do to non payment of taxes my husband and i took over the payment and the house from now on what do i need to do to have the deed under our names now that she is giving us the ownersip
hi jj,
in order to give up the ownership she needs to sign a quit claim deed. however, as there is a mortgage on the property, she might have to inform the lender about the title change and the lender might require you and your husband to refinance the loan in your names.
in order to give up the ownership she needs to sign a quit claim deed. however, as there is a mortgage on the property, she might have to inform the lender about the title change and the lender might require you and your husband to refinance the loan in your names.